SP500 remains inside a rising channel, keeping the broader market structure bullish. The recent pullback reached the lower boundary of the channel and the nearby demand zone, where buyers stepped in strongly.
Price is now recovering from this support and moving back toward the recent highs. As long as the rising trendline continues to hold, I expect buyers to remain in control.
My next upside target is around 7,950, near the upper boundary of the channel.
This is my personal market view, not financial advice.
Price is now recovering from this support and moving back toward the recent highs. As long as the rising trendline continues to hold, I expect buyers to remain in control.
My next upside target is around 7,950, near the upper boundary of the channel.
This is my personal market view, not financial advice.
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